Monday, December 6, 2021
The coronavirus limitations imposed by Moscow and its regional suburbs on retail malls, restaurants, and entertainment venues have increased consumer demand. Last weekend, consumer attendance increased by 7-10% compared to pre-crisis levels, while commerce transactions increased by 18-40%. According to experts contacted by Kommersant, it will allow firms to...
Russia's Defense Ministry has chosen to install modern communication equipment at Tajikistan's 201st Military Base and Kyrgyzstan's Kant Airbase. The technologies will enable safe communication and digital data transmission throughout Central Asia. According to Izvestia, experts think that such devices would increase the fighting potential of Russia's foreign military...
According to Maria Pogrebets, spokesperson for the Drom auto site, sales of new electric cars in Russia climbed fivefold in the first nine months of 2021 compared to the same time last year. She claims that sales of secondhand electric cars surged by 58% over the same time period,...
France's plan to freeze gas prices until the end of 2022 violates market pricing principles, yet this approach has already become common in other European nations when it comes to energy. Furthermore, as Rossiyskaya Gazeta points out, it is a violation of these norms that has become the primary...
Next month, Russia and Switzerland will begin to change the agreement on the avoidance of double taxation to reduce the withdrawal of capital from the Russian Federation to the "tax haven", Russian Finance Minister Anton Siluanov said. The Ministry of Finance has already sent a proposal to Switzerland to revise...
The Russian government will have to develop new measures to support producers and stabilize food prices in the face of global inflation, Russian Prime Minister Mikhail Mishustin said at a strategic session dedicated to the pricing environment of world markets and measures to limit its influence on domestic prices. The...
Russia remains the only gas supplier capable of significantly helping Europe in the fight against the energy crisis, said Amos Hochstein, senior adviser to the US State Department for energy security, Russian media informed. According to Hochstein, the opinion is also shared by the International Energy Agency (DOE). “I have...
The Moldovan state-owned company Energocom and the Polish state-owned PGNiG signed a contract for a trial purchase of 1 million cubic meters of gas. This is the first purchase of gas from alternative sources, the press service of the country's government said, Russian media reported. The tender was announced on...
The net profit of Russian banks rose to 1.9 trillion rubles, which is 65% more compared to the same period last year, the Bank of Russia said. This is more than last year and the pre-crisis 2019, Russian media informed. The forecast is much better than that of the Central...
While Europe is complaining about high gas and electricity bills, the Chinese people are suffering from power outages, according to Rossiyskaya Gazeta. According to Alexander Kurdin, an analyst at the Russian Government's Analysis Center, China's usage of energy has exceeded estimates due to a frigid winter and a scorching summer....